B2B Business Coachhttp://b2bbusinesscoach.com
Your Guide to a Successful BusinessWed, 12 Dec 2018 15:19:16 +0000en-CAhourly1https://wordpress.org/?v=5.0.3http://b2bbusinesscoach.com/wp-content/uploads/2017/12/cropped-b2b-icon-32x32.jpgB2B Business Coachhttp://b2bbusinesscoach.com
3232The History of Bitcoin and Cryptocurrencyhttp://b2bbusinesscoach.com/the-history-of-bitcoin-and-cryptocurrency/
Tue, 11 Dec 2018 10:15:59 +0000http://b2bbusinesscoach.com/?p=68If you’re an avid internet user, you will surely have seen articles being posted online about Bitcoin and Cryptocurrency. And, if you’re in Canada, those reports will more than likely include information about the substantial growth in cashless purchases the country has seen. The truth is, cryptocurrency and Bitcoin might seem scary, but it’s inevitablyDetails

]]>If you’re an avid internet user, you will surely have seen articles being posted online about Bitcoin and Cryptocurrency. And, if you’re in Canada, those reports will more than likely include information about the substantial growth in cashless purchases the country has seen. The truth is, cryptocurrency and Bitcoin might seem scary, but it’s inevitably going to become more commonplace as time goes by. That fear of the unknown will soon fade, only to be replaced by indifference. It will almost seem like this decentralized monetary system was always here.

There are plenty of people saying that the “fad” won’t last. The LTC to USD rate, while it’s currently sitting at 12,744.66 Canadian Dollars, is being seen as a bubble. “Experts” are putting their money on the bubble bursting, but weren’t those same people saying the same things about color televisions and Boeing 747s? They said it wasn’t possible, no one would use them, and they couldn’t have been more wrong. So, while the value of Bitcoin is volatile, it doesn’t make it any less real or sought after. The BTC to CAD rate is undoubtedly only going to rise, and those nay-sayers will be sitting with bated breath to see whether they were wrong or right.

After all that, you might still wonder what Bitcoin is. How can you get your hands on some of these Bitcoins? And where did it all begin? We aim to use this article to give you a little history lesson on not only Bitcoin but the 1000+ other forms of cryptocurrency on the market.

What is Bitcoin?

Bitcoin is every bank’s worst nightmare. It’s a worldwide payment system which is known as the first decentralized digital currency. It runs without a central repository, an administrator, or even a banker that dictates its pricing and value. Instead, it’s run by you: the people. It’s a peer-to-peer system with transactions taking place between users directly. No big man is calling the shots; there’s merely an online system with liquidity determined by those buying, selling and trading. Every single transaction, which is verified by network nodes, is recorded in public ledgers. These are known as blockchains, and you’ll hear that word a lot in the cryptocurrency world.

What is a blockchain?

A blockchain is a public ledger used to record bitcoin transactions. It’s run by a network of communicating nodes programmed to run bitcoin software and is free of central authorities. What you see on blockchain is a transaction and how it took place. For example, if you sent bitcoins to someone else, it would share this information on the network. This very same system is used to validate transactions. The blockchain, in essence, is a distributed database.

Each network node stores its own copy of the blockchain containing transaction data, and every hour a new group of transactions is added. This is known as a block. This system exists to ensure bitcoin software knows when a bitcoin has been spent and avoids double-spending. In a centralized financial system, double-spending couldn’t happen, but cryptocurrency works a little differently.

What is Cryptocurrency?

Bitcoin, of course, was the first form of cryptocurrency to hit the internet, but it indeed wasn’t the last, nor was it the first people spoke about it. Almost 10 years before its release, Wei Dai published a description of what they called “B-Money.” They spoke of an electronic, anonymous cash system, and that’s precisely what Bitcoin came to be. Bitcoin has the highest value, and it is the most trusted, but there are others that are slowly becoming more popular. As of September 2017, there are over 1,000 different cryptocurrencies found online. Most are derived from Bitcoin, and the goal is to gradually decrease the production of cryptocurrency, putting a cap on the amount in circulation, for it to keep its value.

One of the most important things to know about cryptocurrencies is that they aren’t like ordinary money. Sure, they can be spent and used as money would be, but they are different in the respect that they aren’t held by financial institutions, and aren’t kept as cash on hand. This means law enforcement find it challenging to seize them or track their use. Essentially, cryptocurrency is giving you that anonymity the creators initially set out to achieve.

If you’ve decided that cryptocurrency is something you’d like to look at investing in now or in the future, there’s no time like the present to get the ball rolling. Create your cryptocurrency wallet, head to a secure Canadian platform such as CoinSquare, and begin buying, selling and trading. There are options aplenty.

Buy your slice of the Bitcoin pie, or why not opt to purchase Litecoin, Ripple, Ethereum or other similar cryptocurrencies that are finding their place in the market? No one knows what the future holds for Bitcoin, but there’s one thing for sure: you don’t want to falter, believe it’s all a fad, only to lose your opportunity to make millions. A little now counts for a lot later, and you could find yourself playing the long game for a financially lucrative future.

]]>How reliable is Bitmex?http://b2bbusinesscoach.com/how-reliable-is-bitmex/
Fri, 17 Aug 2018 01:12:59 +0000http://b2bbusinesscoach.com/?p=53 Bitmex is one of the top Trading Exchanges in the world which promises minimal verification and maximum leverage. The P2P Exchange is run by former bankers and has quickly earned fame for its speed, security and reliability. Bitmex stands for Bitcoin Mercantile Exchange. The platform and apps are owned and operated by HDR Global TradingDetails

]]> Bitmex is one of the top Trading Exchanges in the world which promises minimal verification and maximum leverage. The P2P Exchange is run by former bankers and has quickly earned fame for its speed, security and reliability.

Bitmex stands for Bitcoin Mercantile Exchange. The platform and apps are owned and operated by HDR Global Trading Limited, a company registered under the International Business Companies Act of 1994 in Seychelles.

The HDR stands for Hayes, Delo and Reed, the three co-founders of the company. Hayes is a former banker with years of experience in the derivatives market. Delo is a trading algorithm expert and Reed is a programmer. The trio started the trading platform in 2016 and in the last few years, Bitmex has climbed up in its reputation as one of the topmost derivative exchanges in the cryptocurrency world.

But the whole company is meshed in a veil of secrecy and operates out of its offices in Hong Kong. There is no physical address or a phone number. But the customer support team is available 24/7.

For a bitcoin newbie, this will all sound too spooky. But anyone who has spent a reasonable amount of time with cryptocurrencies knows that it is the new normal in the crypto world to keep most of your operation anonymous to stay off the radar of the hackers and other undesirables.

In the past three years of its operations, Bitmex has not given any reason for anyone to be suspicious about it. They have layered levels of defences against hacking and fraud attempts. They build their algorithms and platform on the highly reliable kdb+ databases. Their deposit and withdrawal and storage wallets use multi-signature addresses and the majority of the bitcoin is stored in cold vault, off the grid and requires two of the three partners to sign every release of funds.

Every withdrawal is verified manually by two employees to avoid the risk of fraud. And their system is constantly verifying that all trades sum to zero, i.e. system is always balanced. At the slightest detection of an anomaly, they shut the whole system down.

Bitmex considers themselves version 3.0 of the cryptocurrency world and has built defences at each level to ensure critical systems are air-gapped and can only be accessed after multi-format verifications.

They run an operation similar to any major banks but have gone even further to ensure your funds are always protected.

]]>What Is PIVX Cryptocurrency?http://b2bbusinesscoach.com/what-is-pivx-cryptocurrency/
Tue, 12 Dec 2017 08:47:37 +0000http://b2bbusinesscoach.com/?p=12There is no such thing as anonymity or privacy when you work around a public blockchain platform. There is an open ledger that is open for viewing by anyone which compromises your financial privacy. Your spending habits and history of financial transactions are out in the open. Fact remains that using cryptocurrencies will allow yourDetails

]]>There is no such thing as anonymity or privacy when you work around a public blockchain platform. There is an open ledger that is open for viewing by anyone which compromises your financial privacy. Your spending habits and history of financial transactions are out in the open.

Fact remains that using cryptocurrencies will allow your financial transactions to be analyzed and your identity tracked down.

PIVX is Geared Towards More Secure, Private, and Instant Transactions

PIVX cryptocurrency aims to make a difference in the financial market. PIVX or Private Instant Verified Transactions is a privacy-centric, open-source, and decentralized cryptocurrency that is generated from DASH. PIVX aims to produce a digital currency or a mode of exchange that also keeps users secure and private while they are handling financial transactions online. This focuses too on instant transactions.

PIVX is designed, engineered, and evolved with the best practices and developments in mind to ensure your transactional security and privacy whenever you send and receive payments. This proof-of-stake cryptocurrency is generated from DASH. Its manifesto or whitepaper focuses mainly on community governance. PIVX aims to build a digital means of exchange that is designed to be secure and private. The aim of this digital cash is to minimize the transaction times and fees while of course maintaining privacy and security for members.

The PIVX community is well-known for their being active and global with majority of members are all over major chat platforms and public roadmap. There are tons of resources that you can check out to learn more about its technology and how to get involved especially if you are looking to invest. All proposals from the community are welcome and discussed by members. The core team also allows participation from individuals who are willing to invest not just their money but more so, time and effort.

PIVX believes that in these modern times, people should be allowed to engaged in private, fast, and secure exchanges without any interferences from any banking or financial institution. This allows people more freedom to spend their money.

PIVX Forked from DASH

PIVX, which was originally forked from DASH used to be called Darknet or DNET. The digital currency was created in February 2016. Its main difference with DASH is that it has an enhanced POS mechanism. After the so-called fork, with the help of many community members, this was rebranded to PIVX in January 2017 to PIVX which reflects primarily its ideals, visions, and goals.

PIVX does not have a set coin supply like DASH or bitcoin. However, the supply of PIVX is bound to increase annually by over 2.6 million. The average block mining time is about 1 minute which is a lot faster to mine or generate than DASH or bitcoin.

After its rebranding and enhanced marketing efforts, PIVX has spiked in value. One of the main goals of PIVX is to achieve private transactions as well as the management which will help sustain for the entire network especially in the near future.

]]>Payment Trends That Will Change How We Pay In 2018http://b2bbusinesscoach.com/payment-trends-that-will-change-how-we-pay-in-2018/
Sun, 12 Nov 2017 08:46:24 +0000http://b2bbusinesscoach.com/?p=10The financial market is constantly evolving. In fact, both experts and new players are now in the habit of creating and designing new payment models and expanding business paradigms. In order to build an effective payments model, you have to understand the different forces that are at play in the market and to determine howDetails

]]>The financial market is constantly evolving. In fact, both experts and new players are now in the habit of creating and designing new payment models and expanding business paradigms. In order to build an effective payments model, you have to understand the different forces that are at play in the market and to determine how these factors actually affect the ebb and flow of the value chain. Organizations should also understand how these changes actually affect and influence business priorities as well as existing payments systems.

Payment trends are shaped by the changes that happen to technology and market demands day-in and day-out. With these major shifts in technology, payment trends have also mushroomed which aim to revolutionize the way people process payments. Check out the top payment trends that will change how we pay in 2018:

Wearable Payments. With the rising popularity of wearables like iWatches, people are now used to checking out their wrists to check for notifications and also to play different games. These days, wearable gadgets are more geared towards the health and fitness industry and are in fact eyeing the elderly or those who have limitations in movement. Financial transactions can also be integrated with wearable tech which makes it easy for people to make payments at a grocery store or for paying the taxi. Imagine how you can easily pay for your needs by just waving your arms.

Context-Based Payments. Payment systems are now getting speedier and faster. The guessing game is now easier because the system can automatically detect and take the next step. One good example of this is Uber. This can detect outright once destination is reached and then proceed to authorize payments.

Cryptocurrency Payments. We’ve seen the proliferation of different alternative payment methods like cryptocurrencies which are now accepted in the mainstream market. These new payment methods or currencies will evolve over time but the major payment processors like PayPal are bound to stay. Many people would still go for the safe payment methods especially when they are participating in casinos or gaming sites. For instance, PayPal casinos offer the convenience and security in payments over competitors. There are now major cryptocurrencies accepted in online financial transactions like bitcoin and other upcoming decentralized currencies. It’s definitely shaping the money market and the future of the financial economy.

Biometric Security Payments. There has been a buzz over the future use of biometric chips in payments. There are different options considered like fingerprint scanning, vein mapping, or iris scanning. These would be integrated into the cards that will serve a two-step authentication method.

The future of payments is in the works. One key factor to consider in making payments is to ensure that everything is secure from both ends. This will create a seamless and automatic payments process. The future of payments is happening in real-time especially with the integration of new technologies and gadgets. Predictions on trends though are bound to change at any time with different tech influences that bombard people on social media and mainstream media.

]]>An Amazon Coin? Amazon.com Registers Cryptocurrency Domainshttp://b2bbusinesscoach.com/an-amazon-coin-amazon-com-registers-cryptocurrency-domains/
Thu, 12 Oct 2017 08:45:13 +0000http://b2bbusinesscoach.com/?p=8E-commerce giant, Amazon, has recently announced their own digital currency to the market – Amazon Coins. This is created specifically for Kindle Fire owners. Using Amazon Coins, you can buy coins in bulk and get discounts of as much as 15% of the digital currency. You can buy coins at Amazon.com with real currency andDetails

]]>E-commerce giant, Amazon, has recently announced their own digital currency to the market – Amazon Coins. This is created specifically for Kindle Fire owners. Using Amazon Coins, you can buy coins in bulk and get discounts of as much as 15% of the digital currency. You can buy coins at Amazon.com with real currency and use it to purchase games and multitude of in-app purchases. In addition, you also get promotional coins whenever you make in-app purchases. You can check out Amazon for the list of games that will automatically give you 30% of coins back when making in-app purchases.

Amazon Coins For In-App Purchases on Kindle Fire

The current value of Amazon Coins is at 100 coins for $1. This makes it very easy to do the math. For instance, with $5 you will get 500 coins, $10 for 1,000 coins, and $100 for 10,000 coins which you can use to buy apps and games in the Amazon App Store. You can use it to buy Microsoft point or an ITunes gift card.

Amazon coins is also compatible with any platforms or devices that you use to access your Amazon account such as on a Fire tablet, the Web, or on any Android phone and tablets that has the Amazon Appstore installed.

What’s great about Amazon coins is that it doesn’t expire; however, the promotional coins that you get whenever you purchase specific items are bound to expire in 12 months after receiving them. More so, Amazon coins are used solely to cover an entire purchase which means you cannot use these coins to purchase a percentage of the purchase or the transaction won’t be successful.

3 Cryptocurrency-Related Domains Registered Under Amazon

Amazon has also recently registered three domain names that are related to cryptocurrency which sparked some speculations that the retail giant is looking to crawl into the cryptocurrency space. The three domains are the following: amazoncryptocurrency.com, amazonethereum.com, and amazoncryptocurrencies.com. This news was first reported by Domain Name Wire.

Amazon Pay’s VP Patrick Gauthier however pacified these rumors when he told CNBC that Amazon does not have any plans to accept any form of cryptocurrency because there is not much demand as of now and the registration of these domain names may be a move to protect its brand name. After the news of Amazon registering these domain names broke out Wednesday, a certain Bryon Wiebe registered amazonripple.com. This further strengthens their claim that Amazon only decided to register these cryptocurrency-related domains to discourage or inhibit people from registering their brand name which is a copyright infringement of their company trademark.

There have been rumors circulating that the cloud and retail giant, Amazon, will eventually accept cryptocurrencies like bitcoin as payment but the company has never acknowledged this assumption in any reports. This has also affected the price of bitcoin which is good news to traders as it went up because of the news breakout. According to Coindesk, Amazon has registered a cryptocurrency domain three years ago or in 2013 with the name amazonbitcoin.com which will now take you straight to the Amazon website.